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Italy launches 'in-depth' review of cryptocurrency risks

From kitco.com

Italy's Economy Ministry has ordered an in-depth review of existing safeguards against cryptocurrency risks, which are seen potentially rising, the Bank of Italy and other financial regulators said on Thursday. "An in-depth review has been launched to assess the adequacy of existing safeguards for direct and indirect investments, in crypto-assets by retail investors," the regulators said in a statement. The decision was taken at a meeting of the so-called Committee for Macroprudential Policies, including the heads of the Bank of Italy, market watchdog Consob, insurance and pension funds watchdogs, and the director ... (full story)

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